Gross domestic product (GDP), US dollars in Latvia
Gross domestic product (GDP), US dollars in Latvia was $48.62 billion in 2025, according to the World Bank. That is up 10.5% from 2024. That is the 24th highest of 27 EU countries in 2025.
Gross domestic product (GDP), US dollars in Latvia, 1995 to 2025
All 31 values
| Period | USD million |
|---|---|
| 2025 | 48,618.9 |
| 2024 | 44,001.3 |
| 2023 | 42,779.6 |
| 2022 | 38,003.2 |
| 2021 | 38,183.3 |
| 2020 | 33,379.9 |
| 2019 | 33,099.5 |
| 2018 | 33,247.9 |
| 2017 | 29,391.1 |
| 2016 | 27,117.1 |
| 2015 | 26,344.6 |
| 2014 | 30,277.2 |
| 2013 | 29,152.1 |
| 2012 | 27,116.1 |
| 2011 | 26,575.5 |
| 2010 | 23,468.3 |
| 2009 | 25,691.5 |
| 2008 | 34,135.2 |
| 2007 | 29,420.5 |
| 2006 | 20,434.9 |
| 2005 | 16,306.9 |
| 2004 | 13,827.1 |
| 2003 | 11,244.3 |
| 2002 | 9,249 |
| 2001 | 8,190.9 |
| 2000 | 7,761.3 |
| 1999 | 7,324.2 |
| 1998 | 6,974.1 |
| 1997 | 6,349.5 |
| 1996 | 5,799.5 |
| 1995 | 5,608.2 |
Rankings
Definition
GDP at current prices, millions of US dollars. United States: Bureau of Economic Analysis GDP by state (the national figure is the total of the same table) and GDP by county. Other countries and the World: World Bank, converted from national currency at official annual average exchange rates.
US dollars, for the United States, its states and counties, and for every country and the World from the World Bank. For Spain and the EU in euros use gdp. Exchange rate swings move dollar values even when output does not.
How to cite
World Bank, World Development Indicators. GDP, current US$ (NY.GDP.MKTP.CD). https://data.worldbank.org/indicator/NY.GDP.MKTP.CD. Retrieved 2026-10-09.Use this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
What is the latest GDP (US dollars) in Latvia? Cite the source.
get_value {"indicator":"gdp_usd","place":"lv"}
GET https://invokely.ai/api/v1/value?indicator=gdp_usd&place=lvQuestions
What is the GDP (US dollars) in Latvia?
Gross domestic product (GDP), US dollars in Latvia was $48.62 billion in 2025, according to the World Bank. That is up 10.5% from 2024. That is the 24th highest of 27 EU countries in 2025.
Where does this figure come from?
World Bank. GDP, current US$ (NY.GDP.MKTP.CD). Retrieved by Invokely on 2026-10-09.
What was the highest GDP (US dollars) in Latvia?
$48.62 billion in 2025, the highest value since 1995 in this series.
More statistics for Latvia
- Activity rate
- At-risk-of-poverty rate
- Live births
- Crude birth rate
- Crude death rate
- Deaths
- Age dependency ratio (ages 15 to 64 base)
- Employment rate
- Enterprises using artificial intelligence
- Enterprises buying cloud computing services
- Total fertility rate
- Gross domestic product (GDP)
- Real GDP growth
- GDP per capita
- GDP per capita in PPS (EU27 = 100)
- GDP per capita, US dollars
- Gini index
- Gini index (World Bank, income or consumption)
- Government debt
- Government balance
- HICP inflation (annual rate)
- Harmonised index of consumer prices (HICP), 2025 = 100
- House prices, annual change
- House price index, 2015 = 100
- Household disposable income per inhabitant
- Household disposable income per inhabitant in PPS
- ICT specialists in employment
- People using generative AI
- Inflation, annual average
- Internet use in the last 3 months
- Internet users
- Land area
- Life expectancy at birth
- Median age
- Military expenditure
- Monthly minimum wage
- Population
- Population aged 15 to 64
- Population aged 65 and over
- Population density
- Population growth rate
- Population living in owner-occupied homes
- Nights spent in tourist accommodation
- Unemployment rate
- Urban population share
- Youth unemployment rate (under 25)